United Airlines seems to be aiming to around 40.5 after breaking down the uptrending tunnels.
Watch for a rebound at around 40.5 which can be a great entry. Around 40.5 seems to be a great support zone!
Also my AHL indicator shows narrowing highs and lows which can be interpreted as a reversal might occur soon.
Watch out. if it breaks down the 44.50 it can get even lower, it's hard to determinate how low it can get , after all, NIO ascended non-stop from the 14th October and there are no much visual support and resistance . I would assume it will touch 38.70 and than might bounce back up, if it breaks 38.70 it will deep even more.
It seems that the whole sector of...
About Boeing: The Boeing Company is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers.
BA is very interesting, here is my technical analysis:
Analysis of BABA (Alibaba Group).
Current price is an opportunity to buy BABA.
Alibaba group lays on a strong support level, and just might bounce back up.
Even if my RSI Tunnels indicator is bearish, but it's in the deeps and there might be an opportunity here for a long.
Stop Loss = 255
Take Profit = 300
Buy around current prices, 265-266
We can loss around 10$...
Using the RSI Tunnel indicator of mine to analyse S&P 500 direction.
As you can see in the chart, it's quite touching the resistance at 3590.
We did get a bullish signal with RSI Tunnel indicator like 6 bars ago.
Be cautious, if it breaks resistance level it will do it strong, otherwise we have pullback.
Note: In case you want to help me test the RSI tunnel...
There is a symmetrical converging triangle.
The market seems listless in its direction. The supply and demand, therefore, seem to be one and the same.
During this period of indecision, the highs and the lows seem to come together in the point of the triangle with virtually no significant volume. In this case we just don't know what position to take.
There is a convergenting triangle.
If breaking LOWER triangle line, Tesla will drop a bit more.
Breaking the TOP triangle line is a a sign that tesla will probably going to test it's all time HIGH at 500!
Round numbers are known to be hard to break.
After good reports, chance for a bounce to test around 455-460.
Using a strange but beautiful indicator which i have built.
I call it "Traders Voice".
The indicator uses High/Low pivots to translate traders decisions into a beautiful vocal spectrum.
If interested in the indicator write me below.
Indicator idea based on classic Bollinger bands and Telson T8 moving average.
The indicator detects Bollinger bands narrowing which should predict a move to a direction, up or down.
NOTE: You need to define in the indicator settings ("Percent Narrow") the percentage between the upper and lower bands that would be highlighted.
For example: if you set 5%, the...